Press Releases
18 March 2025
Hyundai Motor Group (the Group) today announced an industry-leading total of 12 models from Hyundai Motor Company, Kia Corporation and Genesis received honors at the Insurance Institute for Highway Safety (IIHS) 2025 TOP SAFETY PICK (TSP) and TOP SAFETY PICK+ (TSP+) awards. The Group’s total represents more than any other automaker in the annual IIHS assessment, comprising 25 percent of the total awards given so far in 2025. “Outstanding safety performance is core to the
Read more...18 March 2025
Xeal, the only smart EV charging solution with a 100% uptime guarantee powered by its patented self-reliant computing technology, today announced the significant expansion of its partnership with JVM Realty, a leading vertically integrated multifamily real estate investment and property management firm. Piloted in 2023, the partnership is now expanding, with over 20 sites planned for deployment across JVM’s portfolio in Illinois, Indiana, Kansas, Missouri, and Wisconsin. As of
Read more...After a historic season-opening victory at the 2025 IMSA Michelin Pilot Challenge (IMPC) at Daytona International Speedway, Hyundai is focused on maintaining momentum as they head to Sebring International Raceway for the Alan Jay Automotive Network. Hyundai and Bryan Herta Autosport (BHA) secured their first victory at Daytona with the No. 76 Hyundai Elantra N TCR, piloted by Denis Dupont and Preston Brown. In addition, the No. 33 Hyundai Elantra N TCR, driven by Mark Wilkins and Br
Read more...15 March 2025
Lotus Technology Inc. a leading global intelligent and luxury mobility provider, announced Lotus Robotics, its intelligent driving arm, has established a strategic partnership with CaoCao Mobility, a prominent ride-hailing service provider in China. Lotus Robotics and CaoCao Mobility have launched an innovative intelligent mobility platform for robotaxis, representing a major breakthrough in intelligent mobility for the rail-hailing industry. This partnership integrates Lotus Roboti
Read more...15 March 2025
Nuvve Holding Corp. a global leader in grid modernization and vehicle-to-grid (V2G) technology, today announced the formation of Nuvve New Mexico LLC, a new subsidiary created to support the company’s recently awarded State of New Mexico contract. The new entity will serve as a regional representative company, ensuring the successful execution of the contract and the expansion of Nuvve’s innovative energy solutions across the state. The award comes as New Mexico advances
Read more...Iochpe-Maxion SA, a global leader in the production of automotive wheels and one of the leading producers of automotive structural components in the Americas, announced that Pieter Klinkers, current Chief Executive Officer of Maxion Wheels, will assume the role of President and Chief Executive Officer of Iochpe-Maxion SA, replacing Marcos Oliveira, who will step down at the end of his term, in accordance with the senior management succession plan. This change will be effective April 16, 2025.
Read more...Three Hyundai executives, Claudia Márquez, Olabisi Boyle, and Kate Fabian have been named 2025 Trailblazing Women in Automotive by Reuters, a prestigious recognition honoring twenty outstanding global females who are leaders in the highly competitive automotive industry. This marks the first time three women from one company have received the honor in the same year, underscoring Hyundai's commitment to cultivating impactful leaders. "This recognition from Reuters ref
Read more...Delta, a global leader in power management and a provider of IoT-based smart green solutions, announced today its 500kW Ultra-Fast EV Charger UFC 500 Series has secured German Eichrecht certification, making it a highly compact 500kW fast charger that complies with Germany's stringent metrology standards. The certification includes the signature of the tariff set by the CPO for charging sessions started with credit card based ad-hoc payment transactions. This will be reflected on th
Read more...13 March 2025
Geely Auto today announced the official launch of its brand and Geely EX5 – the next-generation SUV – in Australia and New Zealand. This expansion finalized Geely's business layout across five continents with a robust channel of networks and inclusive products. The milestone of entering ANZ market has solidified Geely's global presence, demonstrating that Geely has leaped forward to a new chapter of globalization process. In the future, the company will focus on
Read more...12 March 2025
Mitsubishi Motor Sales of Canada announces an innovative AI-powered tool designed to transform the customer experience for the new Mitsubishi Outlander 2025. "The Intelligent Companion," which launched on March 5, 2025, was created in collaboration with WongDoody (an Infosys company and IBM ecosystem partner) and leverages the IBM watsonx portfolio of AI products. Leveraging IBM's Granite model and trained on Mitsubishi Outlander 2025 data, this cutting-edge experience
Read more...12 March 2025
EY predicts that by 2030, there will be more than 50 million electric vehicles (EVs) on Europe's roads, representing 15% of the total vehicle stock. As electrification accelerates, ensuring the cost-effectiveness, stability, and efficiency of the power grid will require managing how and when EVs are charged and using the electricity stored in the battery to provide valuable flexibility services to the power grid. A new report from EY and Eurelectric — Plugging into potential: unleas
Read more...11 March 2025
Polestar advises that it has secured a 12-month term facility of up to USD 450 million and has renewed the EUR 480 million Green Trade Finance Facility (TFF). In February 2025, the Company secured up to USD 450 million in a 12-month term facility after having secured in December 2024 over USD 800 million in 12-month term facilities. Polestar originally entered into a 12-month TFF with a syndicate of leading global banks in February 2022 to support its working capital
Read more...MotorTrend has named Hyundai Motor Company President and CEO José Muñoz as its 2025 Person of the Year and the highest rank of its 50 person 2025 MotorTrend Power List. According to MotorTrend, “José Muñoz steps into the history books as the first non-Korean to lead the conglomerate that includes Hyundai and Genesis… (and) has been a driving force, leading Hyundai through years of record growth in North American sales, market share, revenue,
Read more...The U.S. Environmental Protection Agency (EPA) has awarded ENERGY STAR certification to seven additional Honda and Acura dealerships, recognizing them as among the most energy-efficient vehicle dealerships in the country. Supported by the Honda and Acura Environmental Leadership Programs, the auto industry's first structured programs that help dealers measurably reduce their environmental impact, Honda and Acura dealers are setting the standard for superior energy performance. Since the E
Read more...7 March 2025
ChargePoint, a leading provider of networked solutions for charging electric vehicles (EVs), announced today that it was notified by the New York Stock Exchange (the “NYSE”) on February 19, 2025, that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s Common Stock ("the Common Stock") was less than $1.00 over a consecutive 30 trading-day period, which is the minimum average closing price
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